Fraser & Neave Holdings Bhd Annual Report 2021

Group Company Note 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 Revenue 21 4,130,872 3,988,507 240,707 278,256 Cost of sales (2,936,714) (2,758,139) – – Gross profit 1,194,158 1,230,368 240,707 278,256 Other income 17,988 23,622 182 – Distribution expenses (338,451) (338,863) – – Marketing expenses (251,517) (260,575) – – Administrative expenses (119,437) (129,030) (2,951) (3,935) Net loss on impairment of financial instruments 30 (1,138) (416) – – Other expenses (29,317) (9,946) (41) (1,551) Results from operating activities 472,286 515,160 237,897 272,770 Finance income 22 4,970 5,068 11,039 20,315 Finance costs 23 (3,179) (4,858) (1,317) – Net finance income 1,791 210 9,722 20,315 Share of profit of equity-accounted associate, net of tax 9 5,624 7,824 – – Share of loss of equity-accounted joint venture, net of tax 10 (290) (283) – – Profit before tax 479,411 522,911 247,619 293,085 Tax expense 24 (84,281) (112,787) (21,994) (23,385) Profit for the year 25 395,130 410,124 225,625 269,700 Profit for the year attributable to: Owners of the Company 395,164 410,384 225,625 269,700 Non-controlling interests (34) (260) – – 395,130 410,124 225,625 269,700 Basic earnings per ordinary share (sen) 27(a) 107.8 111.9 Diluted earnings per ordinary share (sen) 27(b) 107.6 111.7 The notes on pages 175 to 242 are an integral part of these financial statements. Financial Statements 167 Fraser & Neave Holdings Bhd ! Annual Report 2021 Statements of Profit or Loss for the financial year ended () September *)*+